Contributed by: Troy Pilkington and Joe Edwards
Published on: February 15, 2019
In December the Government published a Discussion Paper canvassing options for the introduction of prohibitions on unfair contract terms in business-to-business dealings and unfair conduct.
If introduced, such prohibitions would represent one of the most significant changes to New Zealand's commercial law framework in recent memory, and could have far-reaching impacts on the way that businesses negotiate and contract with one another (see more here).
The deadline for submissions is looming, with those submissions due by 9am on 25 February 2019. Russell McVeagh has prepared a draft submission. If you would like to see a copy of that draft submission, or provide your input on that draft, please get in touch with Troy Pilkington or Joe Edwards.
This article is intended only to provide a summary of the subject covered. It does not purport to be comprehensive or to provide legal advice. No person should act in reliance on any statement contained in this publication without first obtaining specific professional advice. If you require any advice or further information on the subject matter of this newsletter, please contact the partner/solicitor in the firm who normally advises you, or alternatively contact one of the partners listed below.
Partner, Competition and Antitrust
Consumer and Marketing Law